Tether, the world’s largest stablecoin issuer, is planning to launch a U.S.-based dollar-pegged stablecoin as soon as this year, CEO Paolo Ardoino told CNBC. The move coincides with his increased lobbying efforts in Washington, D.C., aimed at influencing crypto regulation…

Tether eyes US stablecoin launch later this year: report

El Salvador is rapidly cementing its status as a global innovation powerhouse, 
fusing elite bitcoin education with cutting-edge AI training to supercharge 
national transformation and global influence. Bitcoin Advocate Applauds El 
Salvador’s Bold Tech Vision: High Standards, Big Impact El Salvador’s 
uncompromising commitment to high standards in technology education and 
bitcoin policy has earned renewed […]

Excellence-Only Policy Puts El Salvador’s Bitcoin Program in Global Spotlight

Ethereum has been holding steady above the $1,800 level despite multiple 
failed attempts to break higher. The current price action signals a potential 
shift, with volatility compressing and momentum building for a major move in 
either direction. After months of selling pressure and weak performance 
relative to Bitcoin, analysts now believe ETH is approaching a critical 
inflection point. Related Reading: Dogecoin Whales Buy 100 Million DOGE In 24 
Hours – Demand Signals Growing Confidence Top analyst Ted Pillows shared a key 
technical observation, highlighting the formation of a long-legged Doji candle 
on Ethereum’s monthly timeframe. This type of candle typically reflects 
intense market indecision, where both bulls and bears tested the extremes, but 
neither side gained clear control by the close. It’s often seen near major 
turning points, especially after prolonged downtrends or consolidations. If 
Ethereum can reclaim the $2,000 level in the coming sessions, it would confirm 
bullish intent and open the door to a stronger rally. On the other hand, 
failure to hold above $1,750 could trigger renewed downside pressure, possibly 
retesting deeper support zones. For now, ETH remains trapped in a tight range, 
but the technical setup and market structure suggest that a decisive breakout 
could soon define Ethereum’s path for the weeks ahead. Ethereum Key Resistance 
Levels Limit Upside Ethereum has been trading below the $2,000 level since 
late March, and this prolonged consolidation signals a market still searching 
for direction. Despite bouncing from local lows, ETH remains over 55% down 
from its December highs, reflecting the broader weakness in the altcoin 
market. Bulls have managed to hold the $1,800 level, but a sustained breakout 
above supply-heavy zones like $2,000–$2,100 is required to confirm any 
meaningful reversal. In the short term, Ethereum has started to build a more 
bullish structure, with higher lows forming across intraday charts. This 
suggests that bulls are gradually reclaiming control, though the pressure from 
sellers remains strong. Volume continues to thin out during upward moves, and 
without a decisive breakout, price may continue to chop sideways or revisit 
lower support zones near $1,700 or $1,550. Market sentiment is cautiously 
optimistic, with analysts closely watching technical signals for confirmation. 
Pillows pointed out that ETH recently formed a long-legged Doji candle on the 
monthly chart—a rare formation that often signals market indecision or the 
beginning of a trend reversal. If this candle marks a turning point, Ethereum 
may be preparing for a breakout. However, until bulls reclaim key resistance, 
the risk of a move into lower demand zones remains very real. Related Reading: 
HYPE Confirms Strength With Solid Throwback Response – Bullish Reversal? ETH 
Price Consolidates as Bulls Eye Breakout Ethereum is currently trading at 
$1,830, holding firm after several days of tight consolidation between $1,750 
and $1,850. This narrow range has defined recent price action, as bulls and 
bears remain locked in a standoff near key resistance. For bulls to maintain 
control and confirm a reversal structure, a decisive breakout above the $1,850 
level is critical. Reclaiming the $2,000 zone would likely spark renewed 
buying momentum and shift short-term sentiment in favor of the upside. 
However, the longer ETH stays capped below resistance, the greater the risk of 
a breakdown. If bulls fail to push above the $1,850 level soon, selling 
pressure may intensify. A loss of support at $1,750 could open the door for a 
move back toward the $1,700 zone. Further weakness from there could drag ETH 
down to retest the $1,500 level, where demand previously stepped in. Related 
Reading: Solana Monthly Candle Reclaims Key Levels – Is $240 The Next Target? 
With macroeconomic uncertainty still weighing on markets and Ethereum 
underperforming relative to Bitcoin, traders are watching closely for a 
decisive move. Until then, ETH remains trapped in a tight range where momentum 
is building, and a breakout or breakdown is likely just around the corner. 
Featured image from Dall-E, chart from TradingView

Ethereum Forms Long-Legged Doji On Monthly Chart – Reversal Or Just A Pause?

Ripple secures first DFSA license for blockchain payments in the UAE, opening 
access to a $400B trade hub with regulated cross-border services and RLUSD 
stablecoin. Ripple Targets $400B UAE Trade Hub With Fully Regulated Cross- 
Border Payments Ripple shared insights on May 1, highlighting a major 
regulatory achievement in the United Arab Emirates (UAE), as it […]

Ripple Approved in UAE to Enter $400B Trade and $40B Remittance Markets

Strategy, previously known as MicroStrategy, earned a $5.8 billion profit on 
its Bitcoin investments in the first quarter of 2025. The company now wants to 
pour even more money into the cryptocurrency, according to details provided by 
Executive Chairman Michael Saylor. Related Reading: Bold Call: Bitcoin Could 
Soar To $210K This Year, Says Research Chief Bitcoin Yield Expands As Company 
Increases Holdings The business intelligence firm experienced its Bitcoin 
yield increase by nearly 14% since January. The yield represents both possible 
income and capital appreciation from Strategy&#8217;s investments in Bitcoin. With 
prices of Bitcoin still on the rise, the firm continues to make strategic buys 
of the digital currency. According to reports, Strategy has changed its 
business tactics in the last five years. What began as a business intelligence 
activity is now most famously associated with enormous Bitcoin holdings. The 
latest performance of the company indicates this strategy continues to work in 
2025. $MSTR announces BTC Yield of 13.7% and BTC $ Gain of $5.8B year-to-date, 
doubles capital plan to $42B equity and $42B fixed income to purchase bitcoin, 
and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10B 
to $15B for 2025. https://t.co/LgeMEd6Dr5 — Michael Saylor (@saylor) May 1, 
2025 Investment Plan Doubles To $84 Billion Strategy said that it will now 
invest $84 billion in purchasing additional Bitcoin, according to Bloomberg. 
The company&#8217;s move is to invest half the funds ($42 billion) in fixed income 
and the remaining half ($42 billion) in fixed equity. This significant capital 
outlay indicates Strategy still has faith in the long-term worth of Bitcoin. 
The company considers Bitcoin a key component to its business model and a 
fundamental asset for its treasury holdings. The scale of this investment is a 
staggering increase on past expenditure. If implemented, it would leave 
Strategy an even more prominent corporate owner of Bitcoin than it is 
currently. Performance Targets Leap From 15% To 25% Strategy has increased its 
Bitcoin performance targets for the next year. The firm has been targeting a 
15% return on its Bitcoin holdings but now anticipates 25%. Concurrently, the 
company raised its target for dollar gains from Bitcoin in 2025. The objective 
rose from $10 billion to $15 billion, implying Strategy anticipates the price 
and value of Bitcoin to appreciate considerably during the course of the year. 
Stock Price Surges More Than 3,000% Since 2020 Strategy&#8217;s stock price has 
risen dramatically since the company initially acquired Bitcoin five years 
ago. Investors who purchased shares at the time have achieved returns of over 
3,000%. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In 
Core Development The aggressive and early move by the company to purchase 
Bitcoin has been responsible for much of this impressive stock performance. As 
other companies hesitated, Strategy boldly ventured into cryptocurrency. This 
latest performance report solidifies Strategy&#8217;s position as a top corporate 
Bitcoin holder. It also reinforces confidence among cryptocurrency enthusiasts 
who view Bitcoin as a worthwhile long-term investment. The company&#8217;s ongoing 
doubling down on Bitcoin is occurring as other mainstream firms have begun 
venturing into cryptocurrency investments. Yet, few have invested as fully in 
Bitcoin as Strategy has on Saylor&#8217;s watch. Featured image from Unsplash, chart 
from TradingView

Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)

Kraken’s security team thwarted a sophisticated infiltration attempt by a 
North Korean hacker posing as a job applicant. By carefully advancing the 
candidate through its recruitment process, Kraken identified a larger network 
of fake identities tied to state-sponsored cyberattacks. Fake IDs, VPNs, and 
Github: Inside Kraken’s Hunt for a State-Sponsored Hacker In a striking 
example […]